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Question 7: Using the following data answer the following questions, all questions are independent. $20...

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Accounting

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Question 7: Using the following data answer the following questions, all questions are independent. $20 Selling Price Variable Costs per unit Fixed Costs Target Profit Units sold $6 $70,000 $20,000 6,000 A. Calculate the Contribution Margin B. Calculate the Contribution Margin Ratio C. Calculate the Break Even Quantity D. Calculate the Break Even Sales E. Calculate the Margin of Safety F. Calculate units to be sold for achieving the target profit

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